SOL, XRP ETF Momentum Builds as Analyst Points to ‘Underestimated’ Investor Demand
The next wave of crypto ETFs is gaining unstoppable momentum. Analysts now say investor demand for spot Solana (SOL) and XRP ETFs is being severely underestimated—mirroring early skepticism around Bitcoin and Ethereum ETFs. Nate Geraci, a leading ETF analyst

Fresh SOL ETF Updates Point to Progress
The latest regulatory moves signal active engagement with the SEC.
- Recent Filers Updating SOL ETF Submissions:
- Grayscale
- VanEck
- Franklin Templeton
- Canary/Marinade
- These updates—particularly amendments to S-1 and 19b-4 forms—are widely seen as signs of constructive dialogue with regulators
Bloomberg ETF analyst James Seyffart confirmed:
“These updates reflect ongoing, positive engagement between issuers and the SEC.”
This level of coordination among top-tier asset managers suggests the market is not just hopeful—but prepared.
XRP ETF Momentum Matches Solana’s Surge
XRP ETFs are moving in lockstep with Solana.
- Key Filers: Grayscale, VanEck, 21Shares, CoinShares
- Approval Odds: 95% (per analyst consensus in July)
- SEC Decision Window: October 18–23, 2025
- Catalysts:
- Ripple’s regulatory clarity after SEC lawsuit
- Launch of RLUSD, Ripple’s institutional stablecoin
- ProShares XRP futures ETF already live
Like SOL, XRP is no longer a speculative play—it’s a regulated, institutional-grade asset in the making.
When Will SOL and XRP ETFs Be Approved?
While not guaranteed, timelines are now clear.
Asset | Expected Decision Date | Filing Status |
---|---|---|
Solana (SOL) | October 16, 2025 | Multiple S-1 and 19b-4 amendments filed |
XRP | October 18–23, 2025 | Final review phase, SEC extensions issued |
These dates mark critical inflection points—and if approved, both ETFs could launch within weeks.
Analyst Outlook: “Demand Is Being Underestimated”
Nate Geraci’s warning carries weight.
“People are severely underestimating investor demand for spot XRP & SOL ETFs.”
His track record is strong—he correctly predicted Ethereum ETFs would outperform Bitcoin’s, which they have in 2025 with stronger inflows and lower fees.
Why Demand Is Real:
- SOL: Dominant in NFTs, DeFi, and consumer apps (e.g., Telegram mini-apps)
- XRP: Trusted by banks, payment firms, and CBDC projects
- Both assets have $50B+ market caps, deep liquidity, and global adoption
This isn’t niche interest.
It’s mainstream financial infrastructure in the making.
Final Takeaway: The Altcoin ETF Era Is at the Doorstep
- ✅ 95% approval odds for both SOL and XRP ETFs
- ✅ Grayscale, VanEck, Franklin all advancing filings
- ✅ SEC decisions expected in October 2025
- ✅ Real-world use cases that justify institutional access
If approved, SOL and XRP ETFs could unlock tens of billions in institutional capital—just as BTC and ETH did before them.
And this time,
the demand may be even stronger.